Common use of Payment for Vacations Clause in Contracts

Payment for Vacations. (a) For Regular Full-Time and Regular Part-Time employees, payment for vacations shall be at the employee's current basic wage rate, or the percentage of gross wages exclusive of overtime and premium pay, earned by the employee during the preceding year, whichever is greater. This shall be on a "continuous" basis by direct deposit. (b) For each period consisting of thirty (30) consecutive days an employee is absent from work in the vacation year, there shall be deducted from the vacation pay to which the employee would otherwise be entitled in the succeeding year, one-twelfth (1/12) of the vacation pay, provided that for this purpose time spent on vacation for which the employee is paid under this Article, or paid time lost because of sickness or accident shall be considered as time worked. (c) (i) Part-time, Temporary and Casual, TWELVE HUNDRED (1200) hour employees shall be paid vacation pay at a rate of six (6) percent on each cheque.

Appears in 5 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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